Business – Asia Bizzhttp://asiabizz.com
Uncovering Asian Business, Technology & FinanceTue, 29 Nov 2016 12:40:50 +0000en-UShourly1Vodafone India offers free national roaming from Diwalihttp://asiabizz.com/34845/vodafone-offers-free-national-roaming-diwali/
http://asiabizz.com/34845/vodafone-offers-free-national-roaming-diwali/#respondMon, 24 Oct 2016 08:28:44 +0000http://asiabizz.com/?p=34845Telecom giant Reliance Jio has managed to dominate the telecom market. Other telecom companies are now breaking their silence by offering best possible deals for its subscribers and stay in the competition. Vodafone India announced on October 21, 2016 that it will be making the incoming calls free for the customers on national roaming. The offer will begin from Diwali 2016 for the Vodafone subscribers travelling anywhere out of their telecom circle will be able to receive incoming calls for free. Sandeep Kataria, Director of commercial segment at Vodafone India said, “Even though outgoing charges while roaming had become comparable to home charges, consumer research has shown that incoming charges while roaming have been a hindrance to worry free usage”. The director added that the new move is a part of Vodafone’s ongoing 200 million customer celebration that provides free incoming on national roaming. Earlier the company had said that it will double the monthly data for its subscribers on Vodafone Red plans. The company also said that the subscribers will also get free access to Vodafone Play for a limited time. Under the Vodafone Red Plan the postpaid customers are allowed to create a group of six people who share voice, SMS as well as Internet data. In recent times most of the telecom operators have offered attractive tariffs in order to keep their subscribers intact. Meanwhile, while talking about Reliance Jio, analysts have said that Reliance Jio Infocomm Ltd. might extend its free phone services to the customers till March, 2017. According to an analyst at Citi Research, the Reliance Industries management said that there are no restrictions in terms of the number of promotional offers a company can launch. Photo Credits: ibnlive

]]>Telecom giant Reliance Jio has managed to dominate the telecom market. Other telecom companies are now breaking their silence by offering best possible deals for its subscribers and stay in the competition. Vodafone India announced on October 21, 2016 that it will be making the incoming calls free for the customers on national roaming. The offer will begin from Diwali 2016 for the Vodafone subscribers travelling anywhere out of their telecom circle will be able to receive incoming calls for free.
Sandeep Kataria, Director of commercial segment at Vodafone India said, “Even though outgoing charges while roaming had become comparable to home charges, consumer research has shown that incoming charges while roaming have been a hindrance to worry free usage”. The director added that the new move is a part of Vodafone’s ongoing 200 million customer celebration that provides free incoming on national roaming.
Earlier the company had said that it will double the monthly data for its subscribers on Vodafone Red plans. The company also said that the subscribers will also get free access to Vodafone Play for a limited time. Under the Vodafone Red Plan the postpaid customers are allowed to create a group of six people who share voice, SMS as well as Internet data. In recent times most of the telecom operators have offered attractive tariffs in order to keep their subscribers intact.
Meanwhile, while talking about Reliance Jio, analysts have said that Reliance Jio Infocomm Ltd. might extend its free phone services to the customers till March, 2017. According to an analyst at Citi Research, the Reliance Industries management said that there are no restrictions in terms of the number of promotional offers a company can launch.

]]>http://asiabizz.com/34845/vodafone-offers-free-national-roaming-diwali/feed/0Malaysia to become chocolate king of Asiahttp://asiabizz.com/34803/malaysia-become-chocolate-king-asia/
http://asiabizz.com/34803/malaysia-become-chocolate-king-asia/#respondMon, 10 Oct 2016 11:13:54 +0000http://asiabizz.com/?p=34803Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong informed that the cocoa industry has led to more than 25,000 employment opportunities in 2015 and has also grew by 3 percent. Malaysia now aims to become the King of Chocolate in Asia as the local cocoa industry drew RM5 billion in exports in 2015. The figure has been the highest so far and is a result of the high demand and stable prices of cocoa. The minister has assured that efforts are being made to increase the production of cocoa and make Malaysia the next king of chocolate in Asia. The UN Food and Agriculture Organization said that Indonesia is the top producer of cocoa in Asia. Mah Siew Keong in his opening address said, “It is estimated that the cocoa industry contributed a total of RM1.566billion (US$380 million) to the country’s gross domestic product (GDP), consisting of RM16 million (US$3.86 million) from the upstream sector and RM1.406 billion (US$340 million)from the downstream sector”. The minister added that the cocoa industry opened 25,000 employment opportunities for the locals in 2015. And its confectionary and chocolate based manufacturing sector expanded to a total of 3 percent. One of the main challenges that is faced by the industry is the imbalance between the processing industry and the local cocoa production. Photo Credits: straitstimes

]]>Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong informed that the cocoa industry has led to more than 25,000 employment opportunities in 2015 and has also grew by 3 percent. Malaysia now aims to become the King of Chocolate in Asia as the local cocoa industry drew RM5 billion in exports in 2015.
The figure has been the highest so far and is a result of the high demand and stable prices of cocoa. The minister has assured that efforts are being made to increase the production of cocoa and make Malaysia the next king of chocolate in Asia. The UN Food and Agriculture Organization said that Indonesia is the top producer of cocoa in Asia.
Mah Siew Keong in his opening address said, “It is estimated that the cocoa industry contributed a total of RM1.566billion (US$380 million) to the country’s gross domestic product (GDP), consisting of RM16 million (US$3.86 million) from the upstream sector and RM1.406 billion (US$340 million)from the downstream sector”. The minister added that the cocoa industry opened 25,000 employment opportunities for the locals in 2015. And its confectionary and chocolate based manufacturing sector expanded to a total of 3 percent.
One of the main challenges that is faced by the industry is the imbalance between the processing industry and the local cocoa production.

]]>http://asiabizz.com/34803/malaysia-become-chocolate-king-asia/feed/0Sterling/Pound falls in Asia after British PM sets Brexit Deadlinehttp://asiabizz.com/34788/sterlingpound-falls-asia-british-pm-sets-brexit-deadline/
http://asiabizz.com/34788/sterlingpound-falls-asia-british-pm-sets-brexit-deadline/#respondMon, 03 Oct 2016 13:30:13 +0000http://asiabizz.com/?p=34788British PM Theresa May Announced March 2017 Deadline for Brexit The pound traded half a US cent lower in early Asia on Monday (Oct 3) after British Prime Minister Theresa May said she would trigger the process for the UK to leave the European Union by the end of March. While investors were pondering the possibility of the occurrence of a settlement to take place between Deutsche Bank and the United States Department of Justice, the Asian stock market increased in profit. British pound going down somewhat because of Brexit During this time, the pound experienced a down slide after the kick-starting of the Brexit process on Sunday by British Prime Minister Theresa May. She stated that there would be the introduction of a repeal bill which would deal with the revoking of the 1972 European Communities Act, which is to transpire some time in April or May of next year. This will cause the overturning of the law which enabled Britain to enter into the European Union in the first place. This situation has created the dashing of hope regarding the scheduling of a second referendum for the UK to be able to stay within the realm of the EU. And there is a time frame set for a period of six months in order for the preparation of negotiations by the UK government, according to a statement presented on Monday by Alex Vijava who is considered to be a senior trader at CMC Markets. The pound was down in relation to the US dollar as the pound traded at $1.2927 at a time of 2.26 p.m. HK/SIN, though it had reached its lowest point in mid August at a rate of $1.2902. Negotiations in relation to Brexit will not be an easy journey. There seems to be the idea that likely Europeans will give in by granting a favorable trade deal to Britain, which in reality is not true at all, as declared by Paul Kranke who is the appointed founder of View from the Park. Australia and the Asian stock markets Gain Australian Stock Market In Australia, the ASX 200 finished by being up to 0.78 percent, which is noted to be 42.579 points at a rate of 5,478.5. There was an increase due to the energy subindex that experienced a climb to 1.33 percent, along with the weighty financial sector that increased to 1.17 percent. Japan Nikkei 225 stock Market Regarding Japan, the Nikkei 225 increased by 0.9 percent, which is 148.83 points at a rate of 16,598.67, though it seemed that the majority of the sentiments of those within the manufacturing industry had not experienced any change since the preceding quarter. Hong Kong Hang Seng Stock Market It was noted that the Hang Seng index in Hong Kong increased by 0.97 percent. In Malaysia and South Korea, the markets were closed on Monday due to public holidays. Markets in Mainland China were closed for the celebration of Golden Week.

The pound traded half a US cent lower in early Asia on Monday (Oct 3) after British Prime Minister Theresa May said she would trigger the process for the UK to leave the European Union by the end of March.

While investors were pondering the possibility of the occurrence of a settlement to take place between Deutsche Bank and the United States Department of Justice, the Asian stock market increased in profit.

British pound going down somewhat because of Brexit

During this time, the pound experienced a down slide after the kick-starting of the Brexit process on Sunday by British Prime Minister Theresa May. She stated that there would be the introduction of a repeal bill which would deal with the revoking of the 1972 European Communities Act, which is to transpire some time in April or May of next year. This will cause the overturning of the law which enabled Britain to enter into the European Union in the first place.

This situation has created the dashing of hope regarding the scheduling of a second referendum for the UK to be able to stay within the realm of the EU. And there is a time frame set for a period of six months in order for the preparation of negotiations by the UK government, according to a statement presented on Monday by Alex Vijava who is considered to be a senior trader at CMC Markets.

The pound was down in relation to the US dollar as the pound traded at $1.2927 at a time of 2.26 p.m. HK/SIN, though it had reached its lowest point in mid August at a rate of $1.2902.

Negotiations in relation to Brexit will not be an easy journey. There seems to be the idea that likely Europeans will give in by granting a favorable trade deal to Britain, which in reality is not true at all, as declared by Paul Kranke who is the appointed founder of View from the Park.

Australia and the Asian stock markets Gain

Australian Stock Market

In Australia, the ASX 200 finished by being up to 0.78 percent, which is noted to be 42.579 points at a rate of 5,478.5. There was an increase due to the energy subindex that experienced a climb to 1.33 percent, along with the weighty financial sector that increased to 1.17 percent.

Japan Nikkei 225 stock Market

Regarding Japan, the Nikkei 225 increased by 0.9 percent, which is 148.83 points at a rate of 16,598.67, though it seemed that the majority of the sentiments of those within the manufacturing industry had not experienced any change since the preceding quarter.

Hong Kong Hang Seng Stock Market

It was noted that the Hang Seng index in Hong Kong increased by 0.97 percent.

In Malaysia and South Korea, the markets were closed on Monday due to public holidays. Markets in Mainland China were closed for the celebration of Golden Week.

]]>http://asiabizz.com/34788/sterlingpound-falls-asia-british-pm-sets-brexit-deadline/feed/0Asian Stock Markets Rocky While Awaiting US Presidential Electionshttp://asiabizz.com/34751/asian-stock-markets-lower-while-awaiting-us-presidential-elections/
http://asiabizz.com/34751/asian-stock-markets-lower-while-awaiting-us-presidential-elections/#respondTue, 27 Sep 2016 10:24:24 +0000http://asiabizz.com/?p=34751The world awaits with baited breath as the US Presidential Elections are nearing. The Asian stock markets reduced in value on Monday, September 26, 2016. The reduction is because of the effects of the United States political environment. As the US heads to polls, investors are waiting to see which way the wind blows in Clinton Vs. Trump. However, the value of the Asian stock markets is also lower because of the anticipated Oil Producing and Exporting Countries (OPEC) meeting. The OPEC producers will engage in an informal meeting in Algeria, during the energy conference. Here’s a quick update on the stock market conditions around Asia: South Korean and Chinese Markets The South Korea Kopi reduced by 6.96 points. The closing value after the 0.34% reduction is 2,047.11. The Hang Sang index showed a reduction of 1.42% on Hong Kong. The Asian stock markets further reduced in the Chinese mainland. The Shanghai composite closed at 2,981.24. This represents a reduction of 52.64 points. The Shenzhen composite closed at 1,966.60. This is a lower value by 41.51 points. Japanese Financial and Stock market Nikkei 225 The lower values of the Asian stock markets are also seen in Japan. The Nikkei 225 closed at 16,544.56. This is a reduction of 1.25%. The Japanese stock market was the biggest loser om Monday. However, the yen improved in value after the speech by the Governor of the Bank of Japan (BOJ). At the Osaka business meeting, Haruhiko Kuroda explained that the central bank will utilize appropriate policy measures to achieve the 2% inflation goal. The key policy decision of the BOJ is to reduce the short-term and the long-term interest rate. Australian Financial and Stock Market While Australia isn’t a part of the Asian continent, it has a significant impact and deep ties with the Asian Stock Market. The value of the ASX 200 closed at 5,431.40. The financial industry, that is heavily-weighted, reduced in value by 0.13%. The energy industry reduced in value by 0.07%. However, the material sector rose by 0.26%. The banking stocks in Australia generally increased in value. The ANZ rose by 0.04%. The stock value of the Commonwealth Bank of Australia remained constant. Asian stock markets on Tuesday, September 27, 2016 Asian stock markets were mixed on Tuesday as traders followed the U.S. presidential debate between candidates Hillary Clinton and Donald Trump. While Hong Kong’s Hang Seng index advanced 0.4 percent to 23,409.97 and Tokyo’s Nikkei 225 shed 0.3 percent to 16,490.41, Sydney’s S&P-ASX 200 added 0.4 percent to 5,497.40. The Shanghai Composite Index was unchanged at 2,981.10. South Korea’s Kospi too gained 0.9 percent to 2,017.94. Investors were watching the Clinton-Trump debate in a tight race that has unnerved markets seeking certainty about the future of U.S. policy. Trump has called for controls on trade and immigration, while Clinton is seen as more engaged with Asia. Uncertainty about the election outcome has made global markets risk-averse. Recent polls indicate close popularity between the two presidential candidates for the November 2016 elections. Analyst’s Take on Impact of US Presidential Elections on Asian Stock Markets “Markets are searching for the least worse option between the two U.S. candidates. One is a known market bad, the other an unknown bad,” said Michael McCarthy of CMC Markets in a report. “Any ramping up of populist rhetoric would likely rattle investors. Any perception that the outsider candidate won the debate could bring a market rout.” If the debate performance of Donald Trump is popular, then the Asian stock markets investors will increase investments in safe haven instruments, Japanese bonds, and gold. Image Credits

]]>The world awaits with baited breath as the US Presidential Elections are nearing. The Asian stock markets reduced in value on Monday, September 26, 2016. The reduction is because of the effects of the United States political environment. As the US heads to polls, investors are waiting to see which way the wind blows in Clinton Vs. Trump.

However, the value of the Asian stock markets is also lower because of the anticipated Oil Producing and Exporting Countries (OPEC) meeting. The OPEC producers will engage in an informal meeting in Algeria, during the energy conference.

Here’s a quick update on the stock market conditions around Asia:

South Korean and Chinese Markets

The South Korea Kopi reduced by 6.96 points. The closing value after the 0.34% reduction is 2,047.11. The Hang Sang index showed a reduction of 1.42% on Hong Kong. The Asian stock markets further reduced in the Chinese mainland. The Shanghai composite closed at 2,981.24. This represents a reduction of 52.64 points. The Shenzhen composite closed at 1,966.60. This is a lower value by 41.51 points.

Japanese Financial and Stock market Nikkei 225

The lower values of the Asian stock markets are also seen in Japan. The Nikkei 225 closed at 16,544.56. This is a reduction of 1.25%. The Japanese stock market was the biggest loser om Monday. However, the yen improved in value after the speech by the Governor of the Bank of Japan (BOJ). At the Osaka business meeting, Haruhiko Kuroda explained that the central bank will utilize appropriate policy measures to achieve the 2% inflation goal. The key policy decision of the BOJ is to reduce the short-term and the long-term interest rate.

Australian Financial and Stock Market

While Australia isn’t a part of the Asian continent, it has a significant impact and deep ties with the Asian Stock Market.

The value of the ASX 200 closed at 5,431.40. The financial industry, that is heavily-weighted, reduced in value by 0.13%. The energy industry reduced in value by 0.07%. However, the material sector rose by 0.26%. The banking stocks in Australia generally increased in value. The ANZ rose by 0.04%. The stock value of the Commonwealth Bank of Australia remained constant.

Asian stock markets on Tuesday, September 27, 2016

Asian stock markets were mixed on Tuesday as traders followed the U.S. presidential debate between candidates Hillary Clinton and Donald Trump.

Investors were watching the Clinton-Trump debate in a tight race that has unnerved markets seeking certainty about the future of U.S. policy. Trump has called for controls on trade and immigration, while Clinton is seen as more engaged with Asia. Uncertainty about the election outcome has made global markets risk-averse. Recent polls indicate close popularity between the two presidential candidates for the November 2016 elections.

Analyst’s Take on Impact of US Presidential Elections on Asian Stock Markets

“Markets are searching for the least worse option between the two U.S. candidates. One is a known market bad, the other an unknown bad,” said Michael McCarthy of CMC Markets in a report. “Any ramping up of populist rhetoric would likely rattle investors. Any perception that the outsider candidate won the debate could bring a market rout.”

If the debate performance of Donald Trump is popular, then the Asian stock markets investors will increase investments in safe haven instruments, Japanese bonds, and gold.

]]>http://asiabizz.com/34751/asian-stock-markets-lower-while-awaiting-us-presidential-elections/feed/0Mi enters home appliances segment with Mi Air Purifier 2http://asiabizz.com/34717/mi-enters-home-appliances-segment-mi-air-purifier-2/
http://asiabizz.com/34717/mi-enters-home-appliances-segment-mi-air-purifier-2/#respondThu, 22 Sep 2016 09:38:52 +0000http://asiabizz.com/?p=34717After ruling over the smartphone market, China based smartphone manufacturing giant Xiaomi has announced its foray in to the home appliances segment. Xiaomi has announced its updated Mi Air Purifier 2 at an event in New Delhi on September 21, 2016. Along with the MI Air Purifier 2 the company has also launches its Mi Band 2 fitness tracker. The new Mi Air Purifier has been priced at Rs. 9,999 and will be available on sale at Mi.com from September 26, 2016 at 12 pm. While the Mi Band 2 will be available for sale on September 27, 2016 from 12 PM and on September 30, 2016 at 12 am on Amazon.in. The Indian market has got the updated version of the Mi Air Purifier which was launched in the China markets recently. The earlier version was smaller and was of reduced capacity compared to the bigger model. The new Air Purifier has a Wi Fi module with air quality sensor, temperature sensor and a humidity sensor. The device allows the users to monitor as well as control the Mi Air Purifier 2 through their smartphone from anywhere through a cellular data network. It has a modern design and the operation is simple with just three LEDs to indicate operational mode. Photo Credits: ubergizmo

]]>After ruling over the smartphone market, China based smartphone manufacturing giant Xiaomi has announced its foray in to the home appliances segment. Xiaomi has announced its updated Mi Air Purifier 2 at an event in New Delhi on September 21, 2016.
Along with the MI Air Purifier 2 the company has also launches its Mi Band 2 fitness tracker. The new Mi Air Purifier has been priced at Rs. 9,999 and will be available on sale at Mi.com from September 26, 2016 at 12 pm. While the Mi Band 2 will be available for sale on September 27, 2016 from 12 PM and on September 30, 2016 at 12 am on Amazon.in.
The Indian market has got the updated version of the Mi Air Purifier which was launched in the China markets recently. The earlier version was smaller and was of reduced capacity compared to the bigger model.
The new Air Purifier has a Wi Fi module with air quality sensor, temperature sensor and a humidity sensor. The device allows the users to monitor as well as control the Mi Air Purifier 2 through their smartphone from anywhere through a cellular data network. It has a modern design and the operation is simple with just three LEDs to indicate operational mode.

]]>http://asiabizz.com/34717/mi-enters-home-appliances-segment-mi-air-purifier-2/feed/0Flipkart crosses 100 million registered users markhttp://asiabizz.com/34713/flipkart-crosses-100-million-registered-users-mark/
http://asiabizz.com/34713/flipkart-crosses-100-million-registered-users-mark/#respondWed, 21 Sep 2016 09:27:48 +0000http://asiabizz.com/?p=34713Online shopping giant Flipkart has proudly announced that it has crossed the 100 million mark in terms of registered users on the platform. The online giant had crossed the figure of 75 million in the month of March, 2016. The users have registered across desktop website, mobile applications and mobile websites. A spokesperson from Flipkart said that the figure is for Flipkart alone and does not include the fashion portals Myntra and Jabong. Flipkart in a statement said, “With this, Flipkart becomes the first company to reach this milestone in a single country outside the United States and China. This landmark was crossed just six months after hitting the 75 million registered users mark in March 2016”. The company is among the biggest online giants in the country and the new statement has come just in time when it is all set to launch its mega sale event known as the ‘Big Billion Days’. The sale by bFlipkart will be held between October 2 and 6, 2016. On the other hand rival Snapdeal has also announced a sale on the same dates. At present Flipkart competes with AmazonIndia for leadership of online retail market in India. Binny Bansal took charge as the CEO of the company in January, 2016 and since then his main focus was to improve customer experience. Photo Credits: oneindia

]]>Online shopping giant Flipkart has proudly announced that it has crossed the 100 million mark in terms of registered users on the platform. The online giant had crossed the figure of 75 million in the month of March, 2016. The users have registered across desktop website, mobile applications and mobile websites.
A spokesperson from Flipkart said that the figure is for Flipkart alone and does not include the fashion portals Myntra and Jabong. Flipkart in a statement said, “With this, Flipkart becomes the first company to reach this milestone in a single country outside the United States and China. This landmark was crossed just six months after hitting the 75 million registered users mark in March 2016”.
The company is among the biggest online giants in the country and the new statement has come just in time when it is all set to launch its mega sale event known as the ‘Big Billion Days’. The sale by bFlipkart will be held between October 2 and 6, 2016. On the other hand rival Snapdeal has also announced a sale on the same dates.
At present Flipkart competes with AmazonIndia for leadership of online retail market in India. Binny Bansal took charge as the CEO of the company in January, 2016 and since then his main focus was to improve customer experience.

]]>http://asiabizz.com/34713/flipkart-crosses-100-million-registered-users-mark/feed/0Apple slashes prices of its iPhone 6s and iPhone 6s Plus in Indiahttp://asiabizz.com/34700/apple-slashes-prices-iphone-6s-iphone-6s-plus-india/
http://asiabizz.com/34700/apple-slashes-prices-iphone-6s-iphone-6s-plus-india/#respondThu, 15 Sep 2016 11:36:07 +0000http://asiabizz.com/?p=34700US based tech giant Apple has slashed the prices of its selected iPhone models in the Indian market. The company has cut the prices of its 128 GB models of the iPhone 6s, iPhone 6s plus and the 64 GB model of the iPhone SE. The recent announcement has been made just in time when the festive season has just begun in India. The 128 GB model of the iPhone 6s is now priced at Rs. 60,000 and has got a Rs. 22,000 price cut from its earlier price of Rs. 82,000. The iPhone 6s Plus 128 GB was earlier priced at Rs. 92,000 and has now got a price cut of Rs. 22,000 and is now priced at Rs. 70,000. So the iPhone 6s and the iPhone 6s Plus have been priced at Rs. 50,000 and Rs. 60,000 respectively. The price cut in India comes as the launch of Apple’s latest iPhones, the iPhone 7 and the iPhone 7 Plus is just round the corner in India. However, Apple has not officially started taking pre-orders for the two phones. But many other resellers have already started taking pre-orders of the device. The iPhone 6s and the iPhone 6s Plus was launched in October, 2015 at the price of Rs. 62,000 and Rs. 72,000 respectively. Photo Credits: bp

]]>US based tech giant Apple has slashed the prices of its selected iPhone models in the Indian market. The company has cut the prices of its 128 GB models of the iPhone 6s, iPhone 6s plus and the 64 GB model of the iPhone SE. The recent announcement has been made just in time when the festive season has just begun in India.
The 128 GB model of the iPhone 6s is now priced at Rs. 60,000 and has got a Rs. 22,000 price cut from its earlier price of Rs. 82,000. The iPhone 6s Plus 128 GB was earlier priced at Rs. 92,000 and has now got a price cut of Rs. 22,000 and is now priced at Rs. 70,000.
So the iPhone 6s and the iPhone 6s Plus have been priced at Rs. 50,000 and Rs. 60,000 respectively. The price cut in India comes as the launch of Apple’s latest iPhones, the iPhone 7 and the iPhone 7 Plus is just round the corner in India. However, Apple has not officially started taking pre-orders for the two phones. But many other resellers have already started taking pre-orders of the device.
The iPhone 6s and the iPhone 6s Plus was launched in October, 2015 at the price of Rs. 62,000 and Rs. 72,000 respectively.

]]>http://asiabizz.com/34700/apple-slashes-prices-iphone-6s-iphone-6s-plus-india/feed/0Hyundai Motors India announces additional variant for i20 line uphttp://asiabizz.com/34696/hyundai-motors-india-announces-additional-variant-i20-line/
http://asiabizz.com/34696/hyundai-motors-india-announces-additional-variant-i20-line/#respondTue, 13 Sep 2016 10:58:11 +0000http://asiabizz.com/?p=34696Auto giant Hyundai Motor India Ltd. introduced a new 1.4L Kappa petrol engine with a 4-speed automatic transmission in Elite i20. With the new engine option the customers will get a powerful and comfortable drive option. Moreover, additional features have also been added like 6 airbags, height adjustable front seat belts, speed sensing auto door lock will be added to the Elite i20 and i20 Active after which they will be termed as one of the safest cars in their respective segments. Rakesh Srivastava, senior VP – Sales and Marketing at the company while talking about the introduction of Automatic Transmission and additional safety features said, “The Hyundai i20 is super performer brand in the premium compact segment. Hyundai has developed a solid reputation for quality, design, performance and premium features. As a customer-centric company, our goal is to enhance the overall value proposition of i20 brand and make it more aspirational and desirable for a wide range of different people.” The Elite i20 and the i20 Active feature Hyundai’s Fluidic Sculpture 2.0 design philosophy. The brand i20 has crossed more than 1 million units in sales across the country. Srivastava added that the brand has become globally successful and the most awarded car in the Indian automobile industry. Photo Credits: firstpost

]]>Auto giant Hyundai Motor India Ltd. introduced a new 1.4L Kappa petrol engine with a 4-speed automatic transmission in Elite i20. With the new engine option the customers will get a powerful and comfortable drive option.
Moreover, additional features have also been added like 6 airbags, height adjustable front seat belts, speed sensing auto door lock will be added to the Elite i20 and i20 Active after which they will be termed as one of the safest cars in their respective segments. Rakesh Srivastava, senior VP – Sales and Marketing at the company while talking about the introduction of Automatic Transmission and additional safety features said, “The Hyundai i20 is super performer brand in the premium compact segment. Hyundai has developed a solid reputation for quality, design, performance and premium features. As a customer-centric company, our goal is to enhance the overall value proposition of i20 brand and make it more aspirational and desirable for a wide range of different people.”

The Elite i20 and the i20 Active feature Hyundai’s Fluidic Sculpture 2.0 design philosophy. The brand i20 has crossed more than 1 million units in sales across the country.
Srivastava added that the brand has become globally successful and the most awarded car in the Indian automobile industry.

]]>http://asiabizz.com/34696/hyundai-motors-india-announces-additional-variant-i20-line/feed/0Patanjali set to foray in to foreign markets and Swadeshi jeanshttp://asiabizz.com/34692/patanjali-set-foray-foreign-markets-swadeshi-jeans/
http://asiabizz.com/34692/patanjali-set-foray-foreign-markets-swadeshi-jeans/#respondMon, 12 Sep 2016 09:53:54 +0000http://asiabizz.com/?p=34692Health guru turned entrepreneur Baba Ramdev, is planning to take its Patanjali to another level by entering in to foreign markets. Apart from intensions to enter the foreign markets, Patanjali will soon be entering in to the branded apparel segment with ‘Swadeshi’ jeans. Patanjali is all set to explore the international markets with the help of its FMCG products and is also likely to enter the Pakistan and Afghanistan markets in future. Baba Ramdev while talking to the reporters said, “We have already set up our units in Nepal and Bangladesh and our products have reached the Middle East and became popular in some of the countries, including Saudi Arabia”. The Yoga guru said that they will be concentrating on the poor countries as the profits from such countries can be utilized for the development work from there itself. Baba Ramdev also expressed that their entry in to Pakistan and Afghanistan will depend on the current political situation. It was also informed that the products from Patanjali are also reaching as far as Canada. Patanjali has also intensions to enter in to the garment sector and a ‘Swadeshi Jeans’ that is expected to be launched by the end of the year or early next year. The company is also all set to launch its refined edible oil later this year. Photo Credits: ndtvimg

]]>Health guru turned entrepreneur Baba Ramdev, is planning to take its Patanjali to another level by entering in to foreign markets. Apart from intensions to enter the foreign markets, Patanjali will soon be entering in to the branded apparel segment with ‘Swadeshi’ jeans.
Patanjali is all set to explore the international markets with the help of its FMCG products and is also likely to enter the Pakistan and Afghanistan markets in future. Baba Ramdev while talking to the reporters said, “We have already set up our units in Nepal and Bangladesh and our products have reached the Middle East and became popular in some of the countries, including Saudi Arabia”.
The Yoga guru said that they will be concentrating on the poor countries as the profits from such countries can be utilized for the development work from there itself. Baba Ramdev also expressed that their entry in to Pakistan and Afghanistan will depend on the current political situation. It was also informed that the products from Patanjali are also reaching as far as Canada.
Patanjali has also intensions to enter in to the garment sector and a ‘Swadeshi Jeans’ that is expected to be launched by the end of the year or early next year. The company is also all set to launch its refined edible oil later this year.

]]>http://asiabizz.com/34692/patanjali-set-foray-foreign-markets-swadeshi-jeans/feed/0Air India and Spice Jet to make debut in regional connectivity in smaller townshttp://asiabizz.com/34661/air-india-spice-jet-make-debut-regional-connectivity-smaller-towns/
http://asiabizz.com/34661/air-india-spice-jet-make-debut-regional-connectivity-smaller-towns/#respondThu, 01 Sep 2016 14:29:29 +0000http://asiabizz.com/?p=34661Airline companies Air India and Spice Jet might launch the first set of the regional flights. The aviation ministry has opined that these two airlines have the suitable aircraft in their fleet which can provide air connectivity to towns and small cities. Ashok Gajapati Raju, the Aviation Minister said, “Bigger jets will not be able to fly these regional routes, but airlines with smaller aircraft can… If Air India increases utilisation of its smaller aircraft, they can surely fly these routes. SpiceJet has also made inquiries about the scheme. Both these airlines will get exclusive rights on that particular route for a period of three years”. On the other hand Alliance Air, the regional subsidiary of Air India operates a fleet of 70 seat ATRs while even Spice Jet has the small sized Bombardier Q400 aircraft. A support from these airlines was felt that after the government realized that it will be difficult for a new airline to lease aircraft due to the problems with airlines in India. The leasing costs in recent times was increased due to the Kingfisher issue. Moreover the analysts do not agree with the usage of the 70 seat aircraft for making the regional connectivity scheme a success. The analysts have opined that the regional connectivity can be successful with a 15 to 20 seater aircraft. Photo Credits: Live Mint

]]>Airline companies Air India and Spice Jet might launch the first set of the regional flights. The aviation ministry has opined that these two airlines have the suitable aircraft in their fleet which can provide air connectivity to towns and small cities.
Ashok Gajapati Raju, the Aviation Minister said, “Bigger jets will not be able to fly these regional routes, but airlines with smaller aircraft can… If Air India increases utilisation of its smaller aircraft, they can surely fly these routes. SpiceJet has also made inquiries about the scheme. Both these airlines will get exclusive rights on that particular route for a period of three years”. On the other hand Alliance Air, the regional subsidiary of Air India operates a fleet of 70 seat ATRs while even Spice Jet has the small sized Bombardier Q400 aircraft.
A support from these airlines was felt that after the government realized that it will be difficult for a new airline to lease aircraft due to the problems with airlines in India. The leasing costs in recent times was increased due to the Kingfisher issue.
Moreover the analysts do not agree with the usage of the 70 seat aircraft for making the regional connectivity scheme a success. The analysts have opined that the regional connectivity can be successful with a 15 to 20 seater aircraft.
Photo Credits: Live Mint